Legally Enforceable Agreements. Each Credit Document constitutes a legal, valid and binding obligation of the Company, enforceable in accordance with its terms, subject to (a) the effect of applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (b) the application of general principles of equity (regardless of whether considered in a proceeding in equity or at law).
Appears in 23 contracts
Samples: Revolving Credit Agreement (Consumers Energy Co), Term Loan Credit Agreement (Consumers Energy Co), Term Loan Credit Agreement (CMS Energy Corp)
Legally Enforceable Agreements. Each Credit Document constitutes a legal, valid and binding obligation of the Company, enforceable in accordance with its terms, subject to (a) the effect of applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ ' rights generally and (b) the application of general principles of equity (regardless of whether considered in a proceeding in equity or at law).
Appears in 6 contracts
Samples: Credit Agreement (CMS Energy Corp), Credit Agreement (Consumers Energy Co), Term Loan Agreement (Consumers Energy Co)
Legally Enforceable Agreements. Each Credit Transaction Document constitutes is, or when delivered under this Agreement will be, a legal, valid and binding obligation of each of the CompanyCredit Parties executing the same, enforceable against each such Credit Party in accordance with its terms, subject except to (a) the effect of extent that such enforcement may be limited by general equity principles and by applicable bankruptcy, insolvency, reorganization, moratorium or insolvency and other similar laws affecting the enforcement of creditors’ ' rights generally and (b) the application of general principles of equity (regardless of whether considered in a proceeding in equity or at law)generally.
Appears in 1 contract
Samples: Credit Agreement (Interlogix Inc)
Legally Enforceable Agreements. Each Credit Document constitutes a legal, valid and binding obligation of the Company, enforceable in accordance with its terms, subject to (a) the effect of applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (b) the application of general principles of equity (regardless of whether considered in a proceeding in equity or at law).. Amended and Restated Revolving Credit Agreement The Bank of Nova Scotia/Consumers Energy
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